Selling unpaid invoices can benefit various types of business sectors that struggle with cash flow problems:
SMEs involved in logistics, transportation, shipping, or long supply chains. They face cash flow problems on an almost daily basis because they deal with large transactions involving long-term payment schedules.
Businesses that are labour intensive: Every company that deals with other businesses knows the pain that long payment terms can cause to your cash flow management. This is particularly true for companies that need to pay salaries upfront, while invoices for services conducted will only be paid after several months.
SMEs that need to cope with varying seasonal demands. Depending on the nature of the industry or good/service produced, these businesses often struggle to increase their working capital during periods when business activity or seasonal demand are at their peak.
Sell your unpaid invoices to avoid cash flow problems:
Selling invoices to improve a company’s cash flow is becoming a popular business practice and a fast growing alternative financial funding solution. It is a common occurrence that businesses lack the cash needed in order to pay off day-to-day needs and overdue balances, such as buying stock or paying wages.
An influx of cash allows a business to cover all of their outstanding invoices and frees them up to focus on what is important such as a long term plan for growth or support for your business’ day-to-day needs, without having to worry about any outstanding debts.
With Populous World’s invoice discounting platform, you can unlock the cash you need in just 24 hours. The platform is global, which means you, the invoice seller, can connect with global invoice buyers.
To start selling your invoices, all you need to do is:
1) Upload your invoice.
2) Sell your invoice on the marketplace -the invoice is placed after a quick check, now global buyers can find it.
3) Wait while the invoice buyers place their bids – you can end the auction early or wait until it’s over to discover the best rates.
4) Select your invoice buyer and get funded! When you receive payment from your customer, you pay the face value of the invoice to the invoice buyer. It’s that easy! Unlock your immediate cash now!
>> Is your business in need of fast, short-term financing? Do you need to access cash faster than your customers pay you?<<
Populous World is an Invoice Finance provider that unlocks working capital for UK businesses.
Bridging your business’s cash flow gap is something that Populous World excels in delivering, providing you with the funding tools to grow and sustain your business.